(Fort McMurray, AB — June 21, 2018) Wood Buffalo Community Foundation (WBCF) held its first AGM at the Redpoll Centre on June 21, 2018. The Board elected two new directors, confirmed terms for eight current directors, received audited financial statements for the period ended December 31, 2017 and appointed its public accountant for the financial period ending December 31, 2018. The audited financial statements can be found here.
Accomplishments outlined at the AGM included:
Raising approximately $2.4 M to date, including matching funds from the Suncor Energy Foundation.
Recruiting a 10-member board, including new community members Anna Seinen and Sangram Hansra.
Approving a Grants application and approval process, allowing the Foundation to proceed with its first call for community grant applications.
“A year ago, we were five or six people with a passion to make this Foundation a success,” said Founding Chair Maureen Cormier Jackson in her remarks to the Board. “Now we’re a 10-member Board with great people, a commitment to grow, committees in place, over $2 million raised, and a grants process about to get kicked off. “
Board chair Shelley Powell talked about the work ahead.
“In a few years, it’s likely that we will be a major funder in this region. We need to think carefully about how we use our assets -- not just our dollars, but our collective community knowledge, our desire to collaborate, and our leadership skills -- to support our mission and vision. Being partners in community success is critical to community vitality and resiliency.”
The board of directors now includes:
Shelley Powell – Chair
Maureen Cormier Jackson – Founding Chair
Jeanette Bancarz - Treasurer
Thomas Lawley - Secretary
The WBCF is a registered Canadian charity. Our mission is to enhance quality of life in our
region by supporting community members and organizations in building long term, mutually
beneficial relationships between donors and grantees. We provide grants to improve and
enhance the stability and sustainability of the community.
For more information, go to wbcfoundation.ca.